Contemporary art challenges us.. it broadens our horizons. It asks us to think beyond the limits of conventional wisdom.

Charity is just writing checks and not being engaged. Philanthropy, to me, is being engaged, not only with your resources but getting people and yourself really involved and doing things that haven't been done before.

There is no substitute for knowledge. To this day, I read three newspapers a day. It is impossible to read a paper without being exposed to ideas. And ideas - more than money - are the real currency for success.

I don't think the market can keep going up. In the U.S., we see real estate not going up.. houses are selling at lower prices. You can't have anything going up 10 percent to 20 percent to 30 percent indefinitely.

Museums do not share their collections with other museums unless they get something in exchange. The Metropolitan will deal with the Louvre, but will they send their stuff to Memphis? No.

The best move you can make in negotiation is to think of an incentive the other person hasn't even thought of - and then meet it.

The first dream I had was just to get a college education. I got through college in three years, taking extra classes in summer school.